{"id":57117,"date":"2019-11-01T17:28:43","date_gmt":"2019-11-01T12:28:43","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=57117"},"modified":"2019-11-01T17:32:34","modified_gmt":"2019-11-01T12:32:34","slug":"fbr-revenue-collection-increases-16","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-revenue-collection-increases-16.html","title":{"rendered":"FBR revenue collection increases by 16%"},"content":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has been able to collect PKR 320 billion in revenue during the month of October, a news source reported. This figure has been calculated after taking into account the negative aspect of import contraction, the sum of which amounts to PKR 50 billion.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-extends-tax-filing-deadline-to-nov-30.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR extends deadline to file income tax returns<\/a><\/p>\n<p>The FBR has been able to maintain an overall increase over last year\u2019s revenue by 16%. An increase of more than 25% in domestic taxes has also been recorded. This information was provided by the FBR Chairman Syed Shabbar Zaidi via his social media account on Twitter.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-urged-simplify-process-claim-sales-tax-refund.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR urged to simplify process to claim sales tax refund<\/a><\/p>\n<p>The revenue board has been taking various initiatives to increase the overall tax collected in the country. One such scheme was the <a href=\"https:\/\/www.zameen.com\/news\/fbr-reveals-details-of-its-pos-invoicing-system.html\" target=\"_blank\" rel=\"noopener noreferrer\">collection of tax through point of sale<\/a> (POS) systems in order to bring mega-retailers and shopping malls into the tax net.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has been able to collect PKR 320 billion in revenue during the month of October, a news source reported. This figure has been calculated after taking into account the negative aspect of import contraction, the sum of which amounts to PKR 50 billion. Read:\u00a0FBR extends deadline to file income tax returns The FBR has been able to maintain an overall increase over last year\u2019s revenue by 16%. An increase of more than 25% in domestic taxes has also been recorded. This information was provided by the FBR Chairman Syed Shabbar Zaidi via his social media account on Twitter. Read:\u00a0FBR urged to simplify process to claim sales tax refund The revenue board has been taking various initiatives to increase the overall tax collected in the country. One such scheme was the collection of tax through point of sale (POS) systems in order to bring mega-retailers and shopping malls into the tax net.<\/p>\n","protected":false},"author":74,"featured_media":25713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[13739],"persona":[],"class_list":{"0":"post-57117","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-fbr-revenue-collection-increases-by-16"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR revenue collection increases by 16% - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has been able to collect PKR 320 billion in revenue during the month of October, a news source reported.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-revenue-collection-increases-16.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR revenue collection increases by 16% - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has been able to collect PKR 320 billion in revenue during the month of October, a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-revenue-collection-increases-16.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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